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. >> the fiscal cliff is fast approaching. >> the fiscal cliff is looming. >> the fiscal cliff it's looming, owe oh, yeah. >> stephen: oh, yeah, the fiscal cliff not to be confuse withed with the financial glory hole. unless congress comes up with a deficit reduction deal on january 1 there will be a trillion dollars in automatic spending cuts and the bush tax cuts expire which the congressional budget office says together could cause another recession. our only hope is that democrats and republicans in congress work together to find a compromise on tax cuts. in other words, we're all going to die. [ laughter ] now last week the democrats made the first move until this game fiscal chicken. >> the democratically-controlled senate passed a democratic bill renewing the tax cuts but only for people earning less than $250,000. >> the senate has approved a democratic tax plan that includes higher rates for high earners. >> stephen: wait, a second did they say the democrats passed a democratic plan? that can't be right. wait a second is this some kind of dream? let me check my totem. hold on one s
. >> the fiscal cliff is fast approaching. >> the fiscal cliff is looming. >> the fiscal cliff it's looming, owe oh, yeah. >> stephen: oh, yeah, the fiscal cliff not to be confuse withed with the financial glory hole. unless congress comes up with a deficit reduction deal on january 1 there will be a trillion dollars in automatic spending cuts and the bush tax cuts expire which the congressional budget office says together could cause another recession. our only hope is...
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Dec 14, 2012
12/12
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KQEH
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they get by the fiscal cliff without much damage. wall street breathes a sigh of relief, but we've done nothing for the longer term debt-to-gdp ratio. worst of all, most of what they do will take effect immediately, which we don't need. >> reporter: tomorrow, speaker boehner is set to return home to ohio for the weekend. an aide says he'll be available for talks, adding ohio has both cell phone service and airports. darren gersh, nbr, washington >> susie: that stalemate over the fiscal cliff weighed on the markets today, despite some encouraging reports on the economy. investors shrugged off news that initial jobless claims fell more than expected during the latest week, retail sales bounced back in november, and wholesale prices declined last month. by the close, the dow tumbled 75 points, the nasdaq fell 22 and the s&p was off nine points. despite that pessimism, many investment managers and analysts are feeling optimistic about 2013. a new investor survey says the u.s. stock market will be the best performing stock market in the w
they get by the fiscal cliff without much damage. wall street breathes a sigh of relief, but we've done nothing for the longer term debt-to-gdp ratio. worst of all, most of what they do will take effect immediately, which we don't need. >> reporter: tomorrow, speaker boehner is set to return home to ohio for the weekend. an aide says he'll be available for talks, adding ohio has both cell phone service and airports. darren gersh, nbr, washington >> susie: that stalemate over the...
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Dec 29, 2012
12/12
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CSPAN
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cliff because the fiscal cliff compass more than just taxes. you've got the quester and the unemployment insurance. the republicans and democrats know that they can't afford to go back in a recession at this point and the republicans are going to get blamed for it. the taxes still increased and y'all promised not to do that and on the other hand, if they make a deal now, they can go back and say look, we're not in total control. we only control the one branch of government so we made a deal to keep the taxes, you know, low on 98% of the country and that's to win. and as far as the sequester, the afford to lose all those military jobs. that's 100 million jobs possibly lost. and then you've got the unemployment, you know, two million people unemployment, they can't afford not to have that revenue injected into the system so i believe come monday, they're going to have a deal. i believe it. there's not -- they are not -- i'm going to guarantee you you guys. host: eve got a guarantee from antonio. joseph rosenberg who makes a living researching thi
cliff because the fiscal cliff compass more than just taxes. you've got the quester and the unemployment insurance. the republicans and democrats know that they can't afford to go back in a recession at this point and the republicans are going to get blamed for it. the taxes still increased and y'all promised not to do that and on the other hand, if they make a deal now, they can go back and say look, we're not in total control. we only control the one branch of government so we made a deal to...
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pay attention to the fiscal cliff. we have had other things, the usg number shot is up higher than normally we see. we have come back off. all for not, but a little bit of something to talk about. >> there you go, he is willing to pay more. look at this, $20 right there. he is already paying more. lori: jeff flock, thank you so much. from oil to the keystone pipeline. since president obama rejected in january, but now including prime minister say they are optimistic it will soon get done. joining us, ceo of the american petroleum institute. i will ask you out of the gate, are you optimistic the pipeline will get done on the three election is over? >> i think we are hopeful. the president is committed, pro-jobs and growth as we heard him a few moments ago. keystone at the pipeline generating 20,000 jobs almost immediately. we think it is a no-brainer like the prime minister has said, so i think it would be a good early indication the president is serious about job creation growth in the approval of the keystone xl pipel
pay attention to the fiscal cliff. we have had other things, the usg number shot is up higher than normally we see. we have come back off. all for not, but a little bit of something to talk about. >> there you go, he is willing to pay more. look at this, $20 right there. he is already paying more. lori: jeff flock, thank you so much. from oil to the keystone pipeline. since president obama rejected in january, but now including prime minister say they are optimistic it will soon get done....
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Dec 14, 2012
12/12
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KRCB
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why the vote of confidence considering all these concerns about the fiscal cliff? >> you're right, susie. it's interesting. it's a happy holiday season for investors. in the u.s. the stock market is going to have returned close to 13, 14%. and charter financial analysts around the world that we surveyed as you say feel petty good abou the prospects for next year. markets often do climb a wall of worry but in perspective we've had resolution of political uncertainty here in the united states. the new political leadership in china appears to be market friendly. we have avoided having southern europe slip into the mediterranean. and so also given other asset classes equities appear to be relatively attractive. >> let's talk about that, actually. because did you ask the people that you survey what are the best asset csse and stks got-- was at the top of the list. let's look at the list here, followed by precious metals, commodities, bonds and cash at the bottom of the list. tell us a little bit pore about those rankings from investment managers? >> sure. and these are
why the vote of confidence considering all these concerns about the fiscal cliff? >> you're right, susie. it's interesting. it's a happy holiday season for investors. in the u.s. the stock market is going to have returned close to 13, 14%. and charter financial analysts around the world that we surveyed as you say feel petty good abou the prospects for next year. markets often do climb a wall of worry but in perspective we've had resolution of political uncertainty here in the united...
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Nov 5, 2012
11/12
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CNBC
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is it the fiscal cliff? >> i think so, maria. we trade the uncertainty of the election but we get the certainty of the election for the uncertainty of how the issues are going to be resolved. i think the math ends up being the same for both candidates. the coming fiscal cliff as well as deficit levels, and it may be the market rallies on that day but the question becomes how congress breaks up and weather there's any change there. will whoever wins face a divided congress. does grid d.c. lock get much better? you'll have one uncertainty behind you, the election. i think there are many more uncertainties to come. i'm not sure if the math is different if the color of the white house is red or blue. >> how much safe haven buying is a result of what we're buying, mexico, g-20 issues, greeks are hearing about austerity plan, vote on it wednesday. no certainty -- i mean, blah, blah, blashgs back to the issues of whether they can save greece or not. >> all the blah, blah, blah, blahs could built for whe based moves in the market. we're
is it the fiscal cliff? >> i think so, maria. we trade the uncertainty of the election but we get the certainty of the election for the uncertainty of how the issues are going to be resolved. i think the math ends up being the same for both candidates. the coming fiscal cliff as well as deficit levels, and it may be the market rallies on that day but the question becomes how congress breaks up and weather there's any change there. will whoever wins face a divided congress. does grid d.c....
WHUT (Howard University Television)
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Dec 9, 2012
12/12
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WHUT
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the fiscal cliff, a combination of tax increases and spending cuts. right now there is a political standoff, which the head of the imf, christine largarde, has a duty to stop. >> the fiscal cliff -- when you talk to people around the world, how concerned are they about the ramifications of americans going over this cliff? >> people around the world are concerned about it. it used to be the case that they were more concerned about the eurozone than the fiscal cliff. now things have changed. they often ask about it and its resolution. >> what do you think the impact could be globally? we're looking at a time when the global recovery is fragile at best. >> the u.s. is about 20% of the global economy. if the u.s. suffers as a result of the fiscal cliff, a complete wiping out of its growth, it is going to have repercussions around the world. if the u.s. economy has two% less growth, it will probably be a 1% less growth in mexico, canada, in europe, and japan. there will be ripple effects. >> are you worried about this? >> yes. of course i worry about it. t
the fiscal cliff, a combination of tax increases and spending cuts. right now there is a political standoff, which the head of the imf, christine largarde, has a duty to stop. >> the fiscal cliff -- when you talk to people around the world, how concerned are they about the ramifications of americans going over this cliff? >> people around the world are concerned about it. it used to be the case that they were more concerned about the eurozone than the fiscal cliff. now things have...
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Dec 1, 2012
12/12
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CSPAN2
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everybody knows about the fiscal cliff. your kids probably know about the fiscal cliff. this is a new moment, which is filled with guys, but that it is also an opportunity, which is if we can't do it now or this member of congress new changes have to be made in may for the ness partner with these changes need to be, but something forces them to do it, and this is the best move that we've had. let's hope we don't go through these political values for they fight it out and we are almost frustrated because they can't cover and the headline the next day after wachovia put together since the u.s. still faces a huge fiscal problem. what we really want to do is put in place a plan big enough to fix the problem and that's going to be what's going to have the upside of the certainty of stability around the corner and importantly finally showing to all of us that this country can govern itself. the whole world is watching right now i'm rooting for us. people want the united states to claim out and fix this problem and the clock is ticking as we wait to see if they'll be able to do
everybody knows about the fiscal cliff. your kids probably know about the fiscal cliff. this is a new moment, which is filled with guys, but that it is also an opportunity, which is if we can't do it now or this member of congress new changes have to be made in may for the ness partner with these changes need to be, but something forces them to do it, and this is the best move that we've had. let's hope we don't go through these political values for they fight it out and we are almost...
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Dec 26, 2012
12/12
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WBAL
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he and lawmakers will try to prevent the economy from going over the fiscal cliff. anyone who has not taken advantage of the homestead tax credit better act fast. if you have two days left to save hundreds of dollars at tax time. postmarked by december 31, or you will have to wait another year. its stems from legislation enacted in 2007 by the state general assembly. homeowners must apply to maintain eligibility for the credit. still ahead, aerial volunteers spent the holiday serving others. an organization will help keep hundreds and warmer this winter. and that when a missouri school did to put a smile back on their custodian's face. >> the weather is going to turn active as we had through the next of the week. partly to mostly cloudy. 36 at the airport. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a litt
he and lawmakers will try to prevent the economy from going over the fiscal cliff. anyone who has not taken advantage of the homestead tax credit better act fast. if you have two days left to save hundreds of dollars at tax time. postmarked by december 31, or you will have to wait another year. its stems from legislation enacted in 2007 by the state general assembly. homeowners must apply to maintain eligibility for the credit. still ahead, aerial volunteers spent the holiday serving others. an...
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Dec 28, 2012
12/12
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KOFY
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not just the fiscal cliff. could also be the dairy cliff beginning next year you could be paying as much as 7 dollars for gallon of milk if congress does not step in. price of milk could double if congress doesn't provide a fix for expiring dairy price supports beginning or before january 1s 1st. >>> roller coaster day on wall scrutiny as market reacted to news on fiscal cliff pending. dow down 150 points in early trading but rallied to close with just 18 point loss. index closed today at 13096. fourth straightlessing day for the dow by the way. >> now to some incredible video from china. shows a 33 ton shark tank exploding at shanghai shopping mall. people look at the tank when the glass shattered suddenly and huge wave of world trade center comes over the onlookers. 15 people were injured. none critically. 3 lemon shark and dozens of smaller fish all died unfortunately. now shanghai officials say cold temperatures and showedy material made the acrylic sheet so brittle it just gave way. >>> well just ahead ton
not just the fiscal cliff. could also be the dairy cliff beginning next year you could be paying as much as 7 dollars for gallon of milk if congress does not step in. price of milk could double if congress doesn't provide a fix for expiring dairy price supports beginning or before january 1s 1st. >>> roller coaster day on wall scrutiny as market reacted to news on fiscal cliff pending. dow down 150 points in early trading but rallied to close with just 18 point loss. index closed today...
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and he had some grim predictions about the fiscal cliff facing the nation. he spoke exclusively to cnn. here's dana bash. >> reporter: don, our producer deirdre walsh has been traveling with john boehner on his three-day bus tour through ohio. he's been campaigning for romney. but they stopped at a sports bar. and she spoke with him exclusively about romney's prospects in that critical state. >> romney will do well in ohio. polls don't decide elections. voters do. and listen, i've been around ohio. i've done this trip around ohio for a lot of presidential races in the past. everyone i think ohioans vote with their wallets. that's why i think romney's going to win on tuesday. >> so, you're confident that he can pull out a win here? >> very confident he's going to win on tuesday about. >> reporter: boehner did admit that the president has gotten traction in ohio because of the auto bailout. he insists not everyone there was for it. no matter what happens on election day, congress and the president have to immediately turn to the issue of the fiscal cliff. the
and he had some grim predictions about the fiscal cliff facing the nation. he spoke exclusively to cnn. here's dana bash. >> reporter: don, our producer deirdre walsh has been traveling with john boehner on his three-day bus tour through ohio. he's been campaigning for romney. but they stopped at a sports bar. and she spoke with him exclusively about romney's prospects in that critical state. >> romney will do well in ohio. polls don't decide elections. voters do. and listen, i've...
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Nov 21, 2012
11/12
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CSPAN
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does go off the fiscal cliff. did ben bernanke say anything yesterday about what he could do if the u.s. goes off a cliff in january? guest: he was pretty clear that the fed is doing what it can do now. whatever damaged baby caused by the fiscal cliff, the fed is really going -- is not going to be able to offset that much. it is doing what it can now. if congress does something to make the economy worse, the fed will do whatever it can. it will not have the power to do much to offset whatever damage is done by going off the fiscal cliff. host: thanks so much for joining us this morning. guest: thank you. host: we want to play a few of ben bernanke's comments from yesterday. [video clip] >> the federal budget is on an unsustainable path. the budget deficit which peaked at about 10% of gdp in 2009 and now is 7% of gdp is expected to narrow further in the coming years as the economy continues to recover. the cbo projects that under a plausible set of assumptions, the budget deficit would still be greater than 4% of g
does go off the fiscal cliff. did ben bernanke say anything yesterday about what he could do if the u.s. goes off a cliff in january? guest: he was pretty clear that the fed is doing what it can do now. whatever damaged baby caused by the fiscal cliff, the fed is really going -- is not going to be able to offset that much. it is doing what it can now. if congress does something to make the economy worse, the fed will do whatever it can. it will not have the power to do much to offset whatever...
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Sep 29, 2012
09/12
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CNBC
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' fiscal cliff. i was thinking like fiscal retaining wall. those okay with you? >>> hey there, booyah and we're going to elect jim cramer for president. >>> this november the choice is yours. vote cramer/bull 2012. he'll help you secure your future. the bull is an experienced politician who loves his country. cramer/bull 2012. fighting for us, for our children, for america. and for our bull fighting worldwide. ddd#1 >>> time for some housekeeping. on tuesday chris in new york asked about corrections corp of america. symbol cxw. largest owner of privatized prisons in the country. maximum to minute security prisons. i like they pay a .2% yield. they operate more than 65 prisons. more than 90,000 beds in 19 states. sadly the prison market here in the united states is enormous, about $74 billion. i think corrections corp is a pretty long runway for growth. that's considering right now only about 10% of the prison population is outsourced. the stock had a massive run. trading at 20 times last year's earni
' fiscal cliff. i was thinking like fiscal retaining wall. those okay with you? >>> hey there, booyah and we're going to elect jim cramer for president. >>> this november the choice is yours. vote cramer/bull 2012. he'll help you secure your future. the bull is an experienced politician who loves his country. cramer/bull 2012. fighting for us, for our children, for america. and for our bull fighting worldwide. ddd#1 >>> time for some housekeeping. on tuesday chris in...
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Aug 22, 2012
08/12
by
CNN
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ifnd when the fiscal cliff goes away. i was talking to alison kosik and she was reporting new numbers when it comes to the housing market. july home sales up 2.3% which makes me think that is good news. perhaps we're shifting psychologically. why is that and have we already hit the bottom? >> i think we're in a bottoming process. it depends on where you are. here is what we know. from 2000 to 2006 home prices doubled. that's not normal. that's a bubble and it crashed in a big way. prices down nationally. i know these poor people in la vegas and phoenix saying a lot more than 35% here. we're seeing signs of activity in the existing and home mortgage markets. people are coming back into the market. it will be a slow recovery. i promise you if we go into a recession there will be housing market hits >> wt about jobs? >> we've created 3.8 million jobs since the low point in the job market, beginning of 2010. bad news, we still have five million fewer jobs from brve the recessi before the recession started. this was not just y
ifnd when the fiscal cliff goes away. i was talking to alison kosik and she was reporting new numbers when it comes to the housing market. july home sales up 2.3% which makes me think that is good news. perhaps we're shifting psychologically. why is that and have we already hit the bottom? >> i think we're in a bottoming process. it depends on where you are. here is what we know. from 2000 to 2006 home prices doubled. that's not normal. that's a bubble and it crashed in a big way. prices...
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Nov 6, 2012
11/12
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CNBC
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it's really the fiscal cliff. the unfortunate thing is we really couldn't make any heads or tails as far as what's going to happen with this fiscal cliff until we get clarity from the election. i suspect between now and the end of the year, you'll see a lot more anxiety. there will be more headlines around the fiscal cliff, which is going to create volatility. that said, i continue to believe the fiscal cliff will be resolved. once we do see some type of compromise, i do suspect you'll see a rally on the other end of that. >> rick, after that, we start a new day on wednesday. the greek parliament has to vote on the austerity package that's been presented to them. here we go again. >> and it's europe. the one thing -- >> bill, you're suggesting the great thing about this election is that it clears the way for us to greece. >> i'm suggesting we start looking at the bogey we've been looking at for so long. >> there's a lot to learn from greece. anybody who's been a parent completely understands. you demand something.
it's really the fiscal cliff. the unfortunate thing is we really couldn't make any heads or tails as far as what's going to happen with this fiscal cliff until we get clarity from the election. i suspect between now and the end of the year, you'll see a lot more anxiety. there will be more headlines around the fiscal cliff, which is going to create volatility. that said, i continue to believe the fiscal cliff will be resolved. once we do see some type of compromise, i do suspect you'll see a...
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Dec 11, 2012
12/12
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MSNBCW
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. >> republicans reveal their fiscal cliff end game. give in on taxes and take the economy hostage again. congressman chris van hollen responds tonight. >>> somehow raising the medicare eligibility age is back in the fiscal cliff discussion. david cay johnston says it would be -- to do it, and he is here tonight. >> what we shouldn't be doing is try to take away your rights to bargain for better working conditions. >> in michigan, the president stands up for workers like he has never done before. >> these so-called right the work laws, they don't have to do with economics. they have everything to do with politics. >> tonight the president's big speech, and why the fight in michigan is an assault on workers everywhere. >>> plus, major news on a white house push for immigration reform. in 40 years after man's last trip to the moon, a return voyage may be a reality. astronomer derrick pitts will tell you why the golden spike is a big deal. good to have you with us, folks. thanks for watching. the new republican strategy is to take the amer
. >> republicans reveal their fiscal cliff end game. give in on taxes and take the economy hostage again. congressman chris van hollen responds tonight. >>> somehow raising the medicare eligibility age is back in the fiscal cliff discussion. david cay johnston says it would be -- to do it, and he is here tonight. >> what we shouldn't be doing is try to take away your rights to bargain for better working conditions. >> in michigan, the president stands up for workers...
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Oct 27, 2012
10/12
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CNN
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when the cbo has said going over the fiscal cliff will plunge the u.s. economy back into recession. with ten days until the re-election, it doesn't look like we're going to get it, not out of washington, not out of congress, and certainly not on the campaign trail. what have you heard? have you heard anything that you need to hear to make your
when the cbo has said going over the fiscal cliff will plunge the u.s. economy back into recession. with ten days until the re-election, it doesn't look like we're going to get it, not out of washington, not out of congress, and certainly not on the campaign trail. what have you heard? have you heard anything that you need to hear to make your
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Sep 28, 2012
09/12
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CNBC
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' fiscal cliff. i was thinking like fiscal retaining wall. those okay with you? >>> hey there, booyah and we're going to elect jim cramer for president. >>> this year the choice is yours. vote cramer/bull 2012. they are both -- cramer/bull 2012. fighting for us, for our children, for america. and for our bull fighting worldwide because it's cool. e i? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. customer erin swensonfree bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups
' fiscal cliff. i was thinking like fiscal retaining wall. those okay with you? >>> hey there, booyah and we're going to elect jim cramer for president. >>> this year the choice is yours. vote cramer/bull 2012. they are both -- cramer/bull 2012. fighting for us, for our children, for america. and for our bull fighting worldwide because it's cool. e i? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep,...
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Sep 29, 2012
09/12
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CNBC
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eye 194
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fiscal cliff. financial joke. anyway the company has 150 million in capital it can use to acquire new production streams. i've seen one analyst who this sandstorm can grow production by an astounding 228% from last year through 2015 on a cumulative basis. even if that figure's too bullish, even within the realm of possibility makes it compelling. i am always looking for a way to play with gold with a lot of up side. at the end of the day this business is about management. they know what risk is. if investing in the royalty streams from gold mines was easy everybody would do it. you and me we'd get in this game. in order to succeed they have to be able to identify mines that in future production will be greater than expected. that's how the company gets good deals. sandstorm can pull this off because their management team has a ton of mining expertise. the ceo and co-founder nolan watson, you may know him as the former chief executive officer at sill have been at silver wheaton. and rio tinto. what blood lines this
fiscal cliff. financial joke. anyway the company has 150 million in capital it can use to acquire new production streams. i've seen one analyst who this sandstorm can grow production by an astounding 228% from last year through 2015 on a cumulative basis. even if that figure's too bullish, even within the realm of possibility makes it compelling. i am always looking for a way to play with gold with a lot of up side. at the end of the day this business is about management. they know what risk...
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Nov 28, 2012
11/12
by
FOXNEWSW
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eye 147
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something tells me again i think we'll have another fiscal cliff panel soon. next up, harry reid and the nuclear option. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> filibuster is far from a procedural gimmick. it's part of the fabric of this institution we call the senate. it was well-known in colonial legislature before we became a country. and it's an entry federal part of our -- entr intri gal part of our history. >> it's a fundamental power grab by the majority party. >> checks and balances that americans prize are at stake. i will do everything i can to prevent the nuclear option from being invokeed. not for sake of myself or my party. but for the sake of this great republic and its traditions. >> everyone in this chamber knows if the majority chooses to end the filibuster, if they choose to change the rules and put an end to democratic
something tells me again i think we'll have another fiscal cliff panel soon. next up, harry reid and the nuclear option. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> filibuster is far from a procedural gimmick. it's part of the fabric of this institution we call the...
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who will blink first on the fiscal cliff? not the obama administration as timothy geithner told cnbc, bring it on. >> is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. >> taxpayers might think that's easy for geithner to say. what about all those middle class families whose tax will go up more than $2,000 if, as geithner suggests, we take a dive off that cliff? even though president obama and john boehner chatted on the phone, there's still no deal. republicans are not amused. >> incredibly, many top democrats, including the president, seem perfectly happy. perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two side also come up with a deal. they've moved on already to plan b. the retired teacher in utah has put off plans to get a new car. brian chandler,
who will blink first on the fiscal cliff? not the obama administration as timothy geithner told cnbc, bring it on. >> is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. >> taxpayers might think that's easy for geithner to say. what about all those middle class families whose tax will go up more than $2,000 if, as geithner suggests, we...
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Aug 23, 2012
08/12
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CNBC
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the white house now blaming the 2% for the fiscal cliff. my observation on that next. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-p
the white house now blaming the 2% for the fiscal cliff. my observation on that next. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason...
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Dec 21, 2012
12/12
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FOXNEWSW
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on a positive resolution to the fiscal cliff deal. you thought we would get one and now anxiety running high that there won't be a deal by christ mass and maybe not by new years. stock futures tanked after the house did not take up a special tax measure because it didn't have support from members to pass. trading is more volatile because the volume is latighter. that's what we could see in the regular session today as many head home for the holidays. pew tours recovered a little bit but they are still down big time. >>> so mean while facebook is considering an option where you have to pay a small fee to send somebody is message if they are not your friend? >> so basically if there's someone you like you want to spend them a message you can do so and you don't inundate their inbox by doing that. that's one of the thing facebook is testing. >> it's a deterrent from spamming other people if you have to pay a fee to do it. >> you can only receive one paid message a day. so that limits it as well. >> another business story that is becoming
on a positive resolution to the fiscal cliff deal. you thought we would get one and now anxiety running high that there won't be a deal by christ mass and maybe not by new years. stock futures tanked after the house did not take up a special tax measure because it didn't have support from members to pass. trading is more volatile because the volume is latighter. that's what we could see in the regular session today as many head home for the holidays. pew tours recovered a little bit but they...
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Oct 26, 2012
10/12
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CNBC
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eye 262
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and second one is the real fiscal cliff. does the united states of america show that it has the bill and the capability to fix it fiscal problems. which i think can easily be done as you saw from things like the simpson-bowles report. so i'm not worried as much for jpmorgan as i am for american business and more than that is correct the american -- jobs and the average american. the fiscal cliff and another recession would be terrible for america. >> probably no arguing with that. jack, good morning to you. let's just look ahead first of all to this gdp number. how is that going to play in? >> well, everybody's looking for a number. 1.8, 1.9. it will be what i call a glimpse of the obvious. we are looking at an economy that is slow. we don't see much going on. worse yet, and you were going through what washington was reporting about the fiscal cliff and what the fallout can be. the other part of it is not only job losses, but the hiring that would normally take place is being suspended, also. so those that would normally be
and second one is the real fiscal cliff. does the united states of america show that it has the bill and the capability to fix it fiscal problems. which i think can easily be done as you saw from things like the simpson-bowles report. so i'm not worried as much for jpmorgan as i am for american business and more than that is correct the american -- jobs and the average american. the fiscal cliff and another recession would be terrible for america. >> probably no arguing with that. jack,...
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332
Dec 8, 2012
12/12
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KQED
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eye 332
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now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in recession, would be bad news for the rest of the world. we do not need that because recovery is fragile. we do not want to have this knock on affect on the fragile recovery. >> what would your message be to members of both parties on capitol hill as their negotiating? >> i would say focus on the real issue.
now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico,...
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Dec 7, 2012
12/12
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CNBC
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>>> and could the fiscal spliff save us from the fiscal cliff. why the big money in marijuana could be the perfect solution to all of our problems. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >> as always, we have a lot of competition out there. but with our focus on making the very best products, many times we find ourselves in a league by ourselves. >>> as tim cook singles out his competition by name, by tech horse should be you back if you had to pick just one of these stocks -- google, microsoft or apple? joining us now, the analyst an evercore partners and an analyst at barclays capital. ron, to you first. which one is it.
>>> and could the fiscal spliff save us from the fiscal cliff. why the big money in marijuana could be the perfect solution to all of our problems. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the...
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Sep 11, 2012
09/12
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CSPAN
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eye 327
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the fiscal cliff. this is the senior fellow on budget and policy priorities, an expert on these things, especially federal and state fiscal policy. he is also the author of a number of books, why do i feel so squeezed, and in this recession, what is the fiscal cliff? after that, we will talk about the implications of the fiscal cliff, what happens when we go over it, how we might avoid that, and in the final session, aimed directly at journalists, how do you look at this issue and what are some places you can go? thank you very much. yes, sir? >> if you found yourself up to this room, then you are probably smart enough to figure out the fiscal cliff. it is kind of tricky getting in here. i have been here for decades. let me start by saying i am sorry that i have to run out like cinderella at about 9:55 to get to another heated discussion, so i apologize. the facts of the case, and this can get confusing, and it is a small enough group. where is linda? she slipped out. why do we not just make this more
the fiscal cliff. this is the senior fellow on budget and policy priorities, an expert on these things, especially federal and state fiscal policy. he is also the author of a number of books, why do i feel so squeezed, and in this recession, what is the fiscal cliff? after that, we will talk about the implications of the fiscal cliff, what happens when we go over it, how we might avoid that, and in the final session, aimed directly at journalists, how do you look at this issue and what are some...
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Jul 28, 2012
07/12
by
CNN
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eye 81
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the fiscal cliff is crazy. on the other hand, it's not a free lunch just expanding, digging ditches. you need to have, you know, things that you're spending on that make sense. there's a lot of things congress could do but doesn't do. and that is simplifying the tax system would help a lot and making it fair at the same time. we could improve the inf infrastructure. we have this incredible bonanza from energy that might make us an oil exporter for a little while. we could bring manufacturing back. but everything sort of frozen at the moment because the government is so paralyzed. >> but everything is frozen. all of the measures that ken talk about, broad agreement needs to be done. with all due respect, they're not abstract. these are problems that must be dealt with and the reason they're not is because we're always dealing with emergency situations. we're always dealing with the next fiscal cliff, the next need for quantitative easing. we always put these things on the front burner. >> these are not all emerg
the fiscal cliff is crazy. on the other hand, it's not a free lunch just expanding, digging ditches. you need to have, you know, things that you're spending on that make sense. there's a lot of things congress could do but doesn't do. and that is simplifying the tax system would help a lot and making it fair at the same time. we could improve the inf infrastructure. we have this incredible bonanza from energy that might make us an oil exporter for a little while. we could bring manufacturing...
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330
Nov 27, 2012
11/12
by
KGO
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eye 330
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as for markets, most stocks closed lower as lawmakers prepared to debate so called fiscal cliff. your bloomberg silicon valley index a little higher. the new york man who claims to own part of facebook has been indicted for wire and mail fraud. he was arrestedézpk last month accused of0l"ty faking e mails m mark zuckerberg and fabricating other evidence to bolster claims he owns part of the social network. the lawsuit is spill(b stil pending. back to you. >> thank you. >> sandhya patel is here with weather. the last day or two, nice weather. >> enjoy it while it's lasts, right? we've had fog around tomorrow, more fog in the morning. mostly dry, then, storms move n we'll be talking about three storms when taking you outside. we're looking at fog. you can see high clouds moving in up above. let's check out live doppler 7 hd.ác@Ñ fog lifted a lit. -- bit. it hasn't cleared out. it's going to be likely dense again in patches roont. temperatures into 50s along the coast. 60 as cross the bay area. areas of fog overnight, wet, windy starting wednesday, more storms going into the week
as for markets, most stocks closed lower as lawmakers prepared to debate so called fiscal cliff. your bloomberg silicon valley index a little higher. the new york man who claims to own part of facebook has been indicted for wire and mail fraud. he was arrestedézpk last month accused of0l"ty faking e mails m mark zuckerberg and fabricating other evidence to bolster claims he owns part of the social network. the lawsuit is spill(b stil pending. back to you. >> thank you. >>...
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Dec 10, 2012
12/12
by
CNN
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>>> boehner trying to prevent the fiscal cliff now 23 days away. no details on their conversations but reps for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> and just after midnight on sunday, making history. the governor signed the voter-approved referendum into law on wednesday. >>> and hugo chavez is returning to cuba for more cancer surgery but this time he is making sure a new leader is in place in case he doesn't return, and he named the vice president as his choice for a replacement in case something happens for him. the 58-year-old president is still scheduled to be sworn in for a new six--year-term on january 10th. >>> sad news for fans of music star jenny rivera. there doesn't appear to be any survivors. the plane lost contact with air traffic controllers early this morning. so far no cause has been given for that crash. >>> the national menorah in front of the white house was illuminated tonight marking the
>>> boehner trying to prevent the fiscal cliff now 23 days away. no details on their conversations but reps for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> and just after midnight on sunday, making history. the governor signed the voter-approved referendum into law on wednesday. >>> and hugo chavez is returning to cuba for more cancer...
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163
Nov 27, 2012
11/12
by
CNBC
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eye 163
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more worries about this darn fiscal cliff. that could send the economy into recession if washington doesn't make a deal to soften the draconian spending cuts. and the tax increases by the end of the year. i say could, meaning i believe it will. we need to take a cautious approach when it comes to retail because of the cliff. a lot of retailers are running right now. but we want to own something that won't be hurt too badly if we do go over the cliff. a stock that's pulled back dramatically of late. i'm talking about ross stores. r-o-s-t. the company behind two off-price retail concepts we can't get enough of here on "mad money." ross is an off price play like tjx, another strong, strong player, where people go to get terrific deals on merchandise that's been marked down dramatically. the company's pretty much immunized against a fiscal cliff. well, at least one that induces a recession. consider t hat since 2005, ross stores has had only a single quarter of negative same-store sales growth during the great recession in 2009. j
more worries about this darn fiscal cliff. that could send the economy into recession if washington doesn't make a deal to soften the draconian spending cuts. and the tax increases by the end of the year. i say could, meaning i believe it will. we need to take a cautious approach when it comes to retail because of the cliff. a lot of retailers are running right now. but we want to own something that won't be hurt too badly if we do go over the cliff. a stock that's pulled back dramatically of...
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77
Nov 19, 2012
11/12
by
FBC
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eye 77
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what about the fiscal cliff phobia versus the impact of the fiscal cliff? the cuts less than half a billion, $3.5 trillion budget. >> yes, you're quite right. fear of the unknown is worse than facing something that you know. it is a sad thing our political overlords have ensured the only certainty that we face is uncertainty. it will kill human endeavor in the encouragement of more cattle these, investment it makes people risk diverse and they hold cash and in business it makes people risk reverse and therefore they do not invest, and that is what a lot of the money from qed, going into bank deposits and not into jobs. it is very, very bad what it portends is unnecessary economy, recession and policy. dennis: durable good orders in september fell, "wall street journal" with a story today saying of the 40 biggest publicly held companies in the country, 20 of them have cut spending for this year or next year in anticipation of all that uncertainty. does losing the bush tax rates that obama wants to go up on, household over 250,000, does that have to be a dera
what about the fiscal cliff phobia versus the impact of the fiscal cliff? the cuts less than half a billion, $3.5 trillion budget. >> yes, you're quite right. fear of the unknown is worse than facing something that you know. it is a sad thing our political overlords have ensured the only certainty that we face is uncertainty. it will kill human endeavor in the encouragement of more cattle these, investment it makes people risk diverse and they hold cash and in business it makes people...
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Dec 10, 2012
12/12
by
CNN
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cliff talks. >> reporter: it's 23 days since the fiscal cliff deadline. it's 23 days since they met face-to-face to talk about how to avert it. this was a surprised meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements. the wording here is identical ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday. on friday mr. boehner said the white house wasted another week for potential compromise. we don't know what prompted this meeting. for a first time in a while the two sides are agreeing on something even if it's the wording of their statement an keeping fight lipped. >> thank you. in today's meetings, is it a sign we're close to a fiscal cliff deal. i asked the senior cnn analyst, david gergen. >> this week is a crucial week to see if they can get a break through. in fact, they are willing to sit down and they did it in private, and instead of the political theater we have seen in the last few weeks i think that's encouraging. there's even a bigger long-term issue, and
cliff talks. >> reporter: it's 23 days since the fiscal cliff deadline. it's 23 days since they met face-to-face to talk about how to avert it. this was a surprised meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements. the wording here is identical ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday. on friday mr. boehner said the white house wasted another week for potential compromise. we don't...
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Dec 4, 2012
12/12
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CSPAN
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fiscal cliff. our guest is republican representative tom cole of oklahoma, a member of the appropriations and budget committee. also joined by georgetown university tax law professor john buckley on how the alternative minimum tax is affecting fiscal negotiations. "washington journal" is next. ♪ ♪ host: 25 days to go before the united states faces the fiscal cliff, the white house has rejected a proposal from house republicans to prevent tax hikes and spending cuts at the end of the year. no formal talks between the two sides are scheduled today. will go outside the nation's capital to get your voice involved. republicans -- democrats -- independents -- send us a tweet, post your comments on facebook, or send us an e-mail. we begin with some of the papers across the country today and how this latest proposal from house republicans is playing out in the papers. courtesy of "the atlantic journal-constitution" -- here is "the denver post" -- finally, here is "of the arizona republic" -- here is "t
fiscal cliff. our guest is republican representative tom cole of oklahoma, a member of the appropriations and budget committee. also joined by georgetown university tax law professor john buckley on how the alternative minimum tax is affecting fiscal negotiations. "washington journal" is next. ♪ ♪ host: 25 days to go before the united states faces the fiscal cliff, the white house has rejected a proposal from house republicans to prevent tax hikes and spending cuts at the end of...